IREN signs $1.6bn Dell agreement to expand AI cloud capacity
IREN shares rose 4% in pre-market trading after the company entered a $1.6 billion purchase agreement with Dell Technologies for air-cooled Blackwell systems, a major step in scaling its artificial intelligence infrastructure, the company said on Wednesday. The new systems will support IREN’s previously announced five-year, $3.4 billion managed services AI cloud contract and are...
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